Saturday, February 12, 2022

OYO, REPUBLIC OF CONGO: President Yoweri Museveni has said they are looking to boost trade cooperation through strong regional cooperation with Congo Brazzaville.

The President was today speaking during a hectic tour of various projects in Oyo where he is on a working tour at the invitation of

President Denis Sassou Nguesso of Congo.

President Museveni visited a bio milk processing unit, a large cattle ranch at Ranchikila and an ostrich farm at Olenga. The ranch, has over 1,900 cattle and employs over 200 people. The President also visited the Bon Beeuf abattoir, which adds value to the meat products.

President Museveni told his host that with value addition on milk, they can have a bigger market for their produce.

“If you add value through making powdered milk, you can have a bigger market,” he said.

Later the two heads of state held a bilateral meeting during which they discussed various trade opportunities between the two countries.

Congo Brazzavile is the fourth largest Sub-Saharan oil producer, with an output of 360,000 barrels-per-day from reserve estimates of around 1.6 billion barrels according to reports. It produces around 240 million cubic feet of gas daily from reserves estimated at 111 billion cubic feet. 

Congo is endowed with tropical rain forests with vast uncultivated arable land accounting for around a third of its total area.

Later in the day, President Yoweri Museveni and his host President Dennis Sassou Nguesso were joined by President Felix Tshisekedi of the Democratic Republic of Congo and President Faure Essozimna Gnassingbé Eyadéma of Togo for a mini summit on peace and security (See related story).

President Yoweri Kaguta Museveni yesterday arrived in the Central town of Oyo-Ollombo in the Cuvette Region in the Republic of Congo on a working visit at the invitation of his counter-part, Republic of Congo President Denis Sassou Nguesso.